Restructuring and Other Charges

12 Months Ended

Dec. 31, 2011

Restructuring and Other Charges [Abstract]

RESTRUCTURING AND OTHER CHARGES

5. RESTRUCTURING AND OTHER CHARGES

The components of restructuring and other charges, net in 2011, 2010 and 2009 were as follows:

	Years ended December 31,
	2011		2010		2009
	(In thousands)
Restructuring charges, net:
Severance and employee-related costs	$	3,162		—		2,206
Contract termination costs		493		—		—
		3,655		—		2,206
Other charges:
Early retirement of debt and other		—		—		4,200
Total	$	3,655		—		6,406

As mentioned in Note 29, “Segment Reporting,” our primary measure of segment financial performance excludes, among other items, restructuring and other charges, net. However, the applicable portion of the restructuring and other charges, net that related to each segment in 2011, 2010 and 2009 were as follows:

	Years ended December 31,
	2011		2010		2009
	(In thousands)
Fleet Management Solutions	$	3,531		—		5,631
Supply Chain Solutions		—		—		618
Dedicated Contract Carriage		124		—		41
Central Support Services		—		—		116
Total	$	3,655		—		6,406

2011 Activity

During 2011, we eliminated certain positions and terminated non-essential equipment contracts assumed in the Hill Hire and Scully acquisitions, which resulted in a pre-tax charge of $4 million.

2009 Activity

In the first quarter of 2009, we eliminated approximately 30 positions as part of workforce reductions under cost containment initiatives, which began in the fourth quarter of 2008. Workforce reductions resulted in a pre-tax charge of $3 million, and were offset by $1 million of refinements in estimates from prior restructuring charges.

Other charges, net in 2009 consisted primarily of debt extinguishment charges of $4 million incurred as part of a $100 million debt tender offer completed in September 2009 and described in Note 16, “Debt.” The charge consisted of $3 million premium paid on the purchase of the $100 million outstanding and $1 million for the write-off of unamortized original debt discount and issuance costs and fees on the transaction.

The following table presents a roll-forward of the activity and balances of our restructuring reserves, including discontinued operations for the years ended December 31, 2011 and 2010:

					Deductions
	Beginning Balance		Additions		Cash Payments		Non-Cash Reductions (1)		Foreign Translation Adjustment			Ending Balance
	(In thousands)
Year ended December 31, 2011:
Employee severance and benefits	$	234		3,290		736		105		(76	)		2,607
Contract termination costs		3,813		493		1,557		141		31			2,639
Total	$	4,047		3,783		2,293		246		(45	)		5,246
Year ended December 31, 2010:
Employee severance and benefits	$	1,070		152		971		29		12			234
Contract termination costs		172		3,923		303		—		21			3,813
Total	$	1,242		4,075		1,274		29		33			4,047

(1) Non-cash reductions represent adjustments to the restructuring reserve as actual costs were less than originally estimated.

At December 31, 2011, outstanding restructuring obligations are generally required to be paid over the next two years.